BMEX Gold Inc: BMEX Gold Drilling Identifies Extensive Gold System at King Tut Project
(
BMEX or the
Company ) is pleased to provide an update on its Phase 1 Program on its King Tut Gold Project (
King Tut the
Project ) located in the Abitibi Gold Belt in Quebec, Canada. The Company has now completed 19 holes, totaling 4,500 m. To date, results from 8 of the 19 holes have been received. Each of the holes reported today intersected a 50 m wide gold bearing structure returning dispersed mineralized intervals returning up to 3.4 g/t Au (see table 1) down to a vertical depth of 230 m. These holes aim to test the Authier Nord structure; an historical gold showing located on the Chicobi deformation system. Results received to date give a preliminary indication of a newly identified extensive gold target that measures approximately 400 m along strike and close to 600 m across sections and remains open in all directions.